Iran turns to crypto for export payments amid sanctions: FT
24 Articles
24 Articles
Iran eases currency controls to let traders bring earnings home in crypto: FT
Iran Eases Currency Rules as Bitcoin, USDT Gain Role in Cross-Border Trade: Report
Iran has reportedly changed its foreign-exchange framework to give companies more options for bringing export income back into the country, with the new arrangements permitting digital assets in international payments amid tighter US sanctions. According to a Wednesday report from the Financial Times, Iranian businesses can now use Bitcoin (BTC) and Tether’s USDt (USDT) to pay overseas counterparties, with transactions processed through domestic…
Iran Ease Currency Rules to Boost Crypto Trade Amid US Sanction - Invest In Crypto News
Iran is loosening its strict foreign exchange rules as U.S. sanctions make normal international payments harder. The new approach allows businesses to use Bitcoin, Tether, and other digital assets for cross-border trade. This comes as the U.S. and other nations have frozen or blocked around $1 billion to $1.47 billion in Iranian-linked crypto assets to […]
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